DNO ASA

Operating

Drive petroleums-, skipsfarts-, offshore-, transport-, handels-, industri- og finansierings- virksomhet og alt som står i forbindelse med dette samt å delta som aksjonær eller på annen måte i andre foretagender.

Keywords

extractioncrude oilbituminousoilyshaletar sandsproductiondecantationdesalinationdrying stabilization

Organization

CEO: CT
Christopher Thomas Hyde Spencer1966
Chairman of the board: BM
Bijan Mossavar Rahmani1952
Years since formation: 31 years; since Feb 19, 1995
Type: Public limited company
VAT registered: Yes
Number of employees: 58

Ownership

Number of shares and share classes: 975,000,000; 1 share class
Total number of shareholders: 14648; 767 companies, 13,881 persons
Belongs to group of

Financials

Total operating income 2025: 28,224,000; NOK
Annual total result 2025: 231,610,000; NOK
Total equity 2025: 962,375,000; NOK

Last update: Sep 14, 2026

Management

Management / administration

Name	Role	Shares
CT Christopher Thomas Hyde Spencer 1966	Managing Director/CEO	-

Board

Name	Role	Shares
BM Bijan Mossavar Rahmani 1952	Chairman	-
GH Gunnar Hirsti 1954	Board Member	-
EK Elin Karfjell 1965	Board Member	-
AM Anita Marie Hjerkinn Aarnæs 1950	Board Member	-
NM Najmedin Meshkati 1954	Board Member	-
GK Grethe Kristin Moen 1960	Board Member	-
FJ Faris Jaafar Hussein 1977	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Last update: Feb 18, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
F FOLKETRYGDFONDET	Ordinary shares	88,980,244	9.13 %
V VERDIPAPIRFONDET KLP AKSJENORGE INDEKS	Ordinary shares	10,848,571	1.11 %
S SALT VALUE AS	Ordinary shares	10,042,305	1.03 %
H HOLMEN SPESIALFOND	Ordinary shares	10,000,000	1.03 %
V VERDIPAPIRFONDET DNB NORGE INDEKS	Ordinary shares	9,189,887	0.94 %
V VERDIPAPIRFONDET STOREBRAND INDEKS - NORGE	Ordinary shares	7,985,720	0.82 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	6,131,519	0.63 %
V VERDIPAPIRFONDET DNB SMB	Ordinary shares	5,843,507	0.6 %
K KOMMUNAL LANDSPENSJONSKASSE GJENSIDIG FORSIKRINGSSELSKAP	Ordinary shares	4,258,239	0.44 %
V VETLIE AS	Ordinary shares	3,164,500	0.32 %
V VERDIPAPIRFONDET ALFRED BERG INDEKS	Ordinary shares	3,155,936	0.32 %
I INFOINVEST AS	Ordinary shares	3,000,000	0.31 %
V VERDIPAPIRFONDET STOREBRAND NORGE INSTITUSJON	Ordinary shares	2,677,001	0.27 %
MJ Martin Jakobsson Nils 1959	Ordinary shares	2,560,000	0.26 %
H HENSØR AS	Ordinary shares	2,275,500	0.23 %
A ARNE HELLESTØ AS	Ordinary shares	2,194,469	0.23 %
E E MORTENSEN AS	Ordinary shares	2,035,000	0.21 %
V VERDIPAPIRFONDET STOREBRAND VEKST	Ordinary shares	2,025,199	0.21 %
D DUNVOLD INVEST AS	Ordinary shares	1,847,771	0.19 %
HB Hvalstad Bjåmer Ditlef 1940	Ordinary shares	1,700,000	0.17 %
T TURBINOVA AS	Ordinary shares	1,500,000	0.15 %
HH Henriksen Henry 1950	Ordinary shares	1,424,140	0.15 %
S STIFTELSEN AASTA & KRISTIAN H. EILERTSENS MINNE	Ordinary shares	1,298,588	0.13 %
O OVÅ INVEST AS	Ordinary shares	1,250,000	0.13 %
MS Martin Steien Axe Nils 1947	Ordinary shares	1,189,000	0.12 %
G GEMSCO AS	Ordinary shares	1,161,394	0.12 %
E ESPEDAL & CO AS	Ordinary shares	1,154,288	0.12 %
P PRESTFOSS INV AS	Ordinary shares	1,139,529	0.12 %
A AS JANSI	Ordinary shares	1,090,000	0.11 %
EK Erikstad Kjetil 1961	Ordinary shares	1,038,000	0.11 %
KS Kumar Shaw Rajesh 1973	Ordinary shares	1,037,100	0.11 %
TØ Tore Øvretveit Odd 1965	Ordinary shares	1,036,053	0.11 %
MS Morten Stangeland Ole 1959	Ordinary shares	1,023,667	0.1 %
T TOHATT AS	Ordinary shares	1,000,000	0.1 %
TT Terje Thomassen Alf 1961	Ordinary shares	1,000,000	0.1 %
S STOREBRAND LIVSFORSIKRING AS	Ordinary shares	980,437	0.1 %
PL Petter Lund Nils 1945	Ordinary shares	938,000	0.1 %
EO Eide Ole 1964	Ordinary shares	920,000	0.09 %
S SAFESYS CONSULTING AS	Ordinary shares	867,986	0.09 %
W WILLUMSEN FINANS AS	Ordinary shares	850,000	0.09 %
S SILSETH CAPITAL AS	Ordinary shares	845,000	0.09 %
HF Høyer Frederick 1938	Ordinary shares	843,450	0.09 %
G GAT BYGG & EIENDOM AS	Ordinary shares	840,000	0.09 %
BC Bjørnsgaard-Andersen Cecilie 1991	Ordinary shares	812,500	0.08 %
TI Thomassen Inge 1958	Ordinary shares	804,368	0.08 %
Ø ØIE INVEST AS	Ordinary shares	800,000	0.08 %
JÅ Johansen Åse 1962	Ordinary shares	800,000	0.08 %
LG Landsverk Gustav 1966	Ordinary shares	788,701	0.08 %
SK Sigurd Klev Harald 1945	Ordinary shares	749,600	0.08 %
AK Agnar Kvamme Hans 1959	Ordinary shares	738,000	0.08 %
R RØRLEGGERMESTER JAN JACOBSEN AS	Ordinary shares	734,300	0.08 %
AT Arild Thorbjørnsen Gunnar 1953	Ordinary shares	695,000	0.07 %
BJ Bodegård Johan 1968	Ordinary shares	691,000	0.07 %
V VALSTAD HOLDING AS	Ordinary shares	684,608	0.07 %
K KRISTIAN FALNES AS Closed	Ordinary shares	650,000	0.07 %
SH Stormyr Helge 1953	Ordinary shares	640,000	0.07 %
GH Gjeitnes Harry 1946	Ordinary shares	636,000	0.07 %
A ADVANCED CONTROL AS	Ordinary shares	626,000	0.06 %
SS Svela Ståle 1965	Ordinary shares	614,904	0.06 %
BE Bjartnes Erling 1950	Ordinary shares	613,057	0.06 %
V VERDIPAPIRFONDET STOREBRAND AKSJE INNLAND	Ordinary shares	603,725	0.06 %
TO Tøfte Ole 1940	Ordinary shares	603,676	0.06 %
ME Mortensen Erik 1961	Ordinary shares	600,948	0.06 %
R RASMUSSEN HOLDING AS	Ordinary shares	600,000	0.06 %
AM Abdulla Mustafa Sarkawt 1983	Ordinary shares	600,000	0.06 %
G GRENLAND FINANS AS	Ordinary shares	600,000	0.06 %
LJ Lied Johansen Thomas 1974	Ordinary shares	600,000	0.06 %
ET Eikså Terje 1973	Ordinary shares	600,000	0.06 %
D DNB BANK ASA	Ordinary shares	586,954	0.06 %
VS Viken Stein 1953	Ordinary shares	585,065	0.06 %
OS Olav Salhus Frank 1962	Ordinary shares	581,440	0.06 %
SA Skolt Aadne 1961	Ordinary shares	570,690	0.06 %
JE Johansen Erlend 1989	Ordinary shares	570,000	0.06 %
YE Yttri Einar 1960	Ordinary shares	569,348	0.06 %
WT Willumsen Thoralf 1944	Ordinary shares	555,000	0.06 %
E ELM AS	Ordinary shares	550,000	0.06 %
HJ Hølleland Jarle 1964	Ordinary shares	540,000	0.06 %
SH Sverre Hansen Thor 1966	Ordinary shares	530,000	0.05 %
TP Tvendeseter Per-Ove 1957	Ordinary shares	529,410	0.05 %
KK Kolbeinshavn Knut 1969	Ordinary shares	522,289	0.05 %
ST Seland Thomas 1979	Ordinary shares	520,000	0.05 %
W WERENSKIOLD INVEST AS	Ordinary shares	518,316	0.05 %
EM Erik Marthinussen Trond 1974	Ordinary shares	509,000	0.05 %
G GOBO EIENDOM AS	Ordinary shares	505,000	0.05 %
ØE Øygarden Eirik 1988	Ordinary shares	505,000	0.05 %
A ATLANTICO NORTE HOLDING AS	Ordinary shares	500,000	0.05 %
OJ Osmanagic Jusef 1941	Ordinary shares	500,000	0.05 %
M MORTEN CARLSON AS	Ordinary shares	500,000	0.05 %
ED Egil Djupå Tor 1974	Ordinary shares	492,000	0.05 %
BB Bremnes Bjørn 1956	Ordinary shares	485,880	0.05 %
V VERDIPAPIRFONDET STOREBRAND NORGE	Ordinary shares	485,125	0.05 %
KG Kåsen Grannes Trond 1970	Ordinary shares	473,000	0.05 %
TH Tveiterås Hovden Johannes 1967	Ordinary shares	470,510	0.05 %
F FOLKES AS	Ordinary shares	458,000	0.05 %
LF Lægreid Frank 1964	Ordinary shares	451,000	0.05 %
IN Inge Nilsen Jan 1966	Ordinary shares	450,000	0.05 %
NF Nummedal Frode 1967	Ordinary shares	435,000	0.04 %
RH Rassin Haugseng Paul 1935	Ordinary shares	429,000	0.04 %
E ETNE ELEKTROSENTER AS	Ordinary shares	424,280	0.04 %
AT Asbjørn Tjønneland Kåre 1948	Ordinary shares	420,000	0.04 %

Shares owned by the DNO ASA

Name	Share class	Total number of shares	Share
D DNO NORTH SEA HOLDING AS	Ordinary shares	1,000	100 %
D DNO TECHNICAL SERVICES AS	Ordinary shares	1,000	100 %
D DNO BIDCO AS	Ordinary shares	1,000	100 %
D DNO MIDDLE EAST AND AFRICA AS	Ordinary shares	1,000	100 %
D DNO VENTURE AS	Ordinary shares	1,000	100 %
D DNO YEMEN AS	Ordinary shares	291,000	100 %
D DNO IRAQ AS	Ordinary shares	600,000	100 %
D DNO MENA AS	Ordinary shares	150,000	100 %

Last update: Sep 25, 2026

Group structure

DNO ASA
Total operating income 2025: NOK 28,224,000
Operating profit 2025: NOK -24,234,000
Employees: 58

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	28,224,000	25,130,000	25,029,000	27,448,000	24,190,000
Annual Total Result	231,610,000	14,123,000	86,701,000	342,508,000	222,140,000
Total assets	2,256,937,000	1,432,692,000	1,159,952,000	1,288,168,000	1,224,385,000
Total liabilities	1,294,562,000	936,524,000	572,272,000	647,371,000	905,898,000
Total equity	962,375,000	496,168,000	587,680,000	640,797,000	318,487,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	28,224,000	25,130,000	25,029,000	27,448,000	24,190,000
Total operating costs	52,458,000	40,300,000	43,450,000	40,281,000	35,745,000
Operating result	-24,234,000	-15,170,000	-18,421,000	-12,833,000	-11,555,000
Financial income/costs	255,844,000	29,293,000	105,122,000	355,341,000	233,695,000
Profit before tax	231,610,000	14,123,000	86,701,000	342,508,000	222,140,000
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	231,610,000	14,123,000	86,701,000	342,508,000	222,140,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	1,998,657,000	669,215,000	685,728,000	633,877,000	698,629,000
Total current assets	258,280,000	763,477,000	474,224,000	654,291,000	525,756,000
Total assets	2,256,937,000	1,432,692,000	1,159,952,000	1,288,168,000	1,224,385,000
Short term debt	58,753,000	53,962,000	175,688,000	43,720,000	41,655,000
Long term debt	1,235,809,000	882,562,000	396,584,000	603,651,000	864,243,000
Total liabilities	1,294,562,000	936,524,000	572,272,000	647,371,000	905,898,000
Contributed capital	769,972,000	376,478,000	376,478,000	377,528,000	280,679,000
Retained earnings	192,403,000	119,690,000	211,202,000	263,269,000	37,808,000
Total equity	962,375,000	496,168,000	587,680,000	640,797,000	318,487,000
Total equity and liabilities	2,256,937,000	1,432,692,000	1,159,952,000	1,288,168,000	1,224,385,000

Classification

21st company classification

BETA

Industrial large enterprise

DNO ASA921 526 121

DNO ASA

Keywords

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Organization

Ownership

Financials

Management

Management / administration

Board

Others

Ownership

Company shareholders

Shares owned by the DNO ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification